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What's being proposed: a temporary tax increase on health insurers and additional withdrawals from a state reserve fund to offset impacts on the state's budget from federal tax cuts contained in the Republicans' "One Big Beautiful Bill" Act. House Democrats requested Wednesday's public hearing to give the public more time to weigh in on the proposal after it…

The postpartum Medicaid bill, now 2025 Wisconsin Act 102, expands coverage from 60 days after birth to a full year and makes Wisconsin the second-to-last state to adopt the expansion. Evers signed the bill at Children's Wisconsin Hospital in Milwaukee on Wednesday. But the tide turned last month after hours of private debate among Republicans and a concerted…

William McChesney Martin Jr. was chairman of the Federal Reserve Board from 1951 to 1970. He is perhaps best known for his "punch bowl" speech delivered on October 19, 1955, to the New York Group of the Investment Bankers Association of America. Recently, Nick Timiraos, a prominent monetary journalist for the Wall Street Journal, wrote: " The Fed continued to raise…

The Public Employee Committee, which bargains health insurance benefits on behalf of City of Boston unions, is firing back at the Wu administration after its“ ultimatum” over dropping GLP-1 weight loss coverage to cut costs. The PEC, after drawing the city’ s ire by voting down the offer on March 9, said it "s willing to agree to the system, but on its own terms, which are…

Powell also said he would remain a member of the Fed board of governors until the Justice Department ends its criminal probe of his handling of renovations to the central bank's headquarters in Washington, D.C., along with his June 2025 testimony about the matter before the Senate Banking Committee. Powell confirmed in January that the DOJ sent him and the Fed…

The following information was released by the Association for Manufacturing Technology:. McLean, Va. The Federal Reserve opted to keep interest rates steady today at a target range of 3.5% to 3.75% in a move that was widely anticipated by financial markets. Manufacturers who rely on large capital purchases can more confidently make those investments in a more…

WASHINGTON- The U.S. central bank held interest rates steady on Wednesday and projected higher inflation, steady unemployment and a single reduction in borrowing costs this year, a path that Federal Reserve Chair Jerome Powell said was subject to unusually high uncertainty as policymakers take stock of the impact of the U.S. and Israeli war with Iran.

The following information was released by the National Association of Mutual Insurance Companies:. The National Association of Mutual Insurance Companies said today that a change in guidance from the government sponsored enterprises Fannie Mae and Freddie Mac long sought by mutual insurers will help ease the costs of homeownership.

Today, U.S. Senators Tim Kaine and Tammy Duckworth and U.S. Representatives Johnny Olszewski and Dina Titus introduced the State Department Disability Policy and Accommodations Act, bicameral legislation to strengthen international disability rights and provide accommodations for State Department staff. The legislation would establish an Office of…

Filing a Social Security disability claim is a step for people who cannot work because of a serious medical condition. The Social Security disability system in the United States is meant to help people who cannot work anymore because of long-term disabilities.. Social Security Disability Insurance is for people who have worked and paid Social Security taxes,…

The Federal Reserve's balancing act is getting harder. The central bank held its benchmark interest rate steady on Wednesday as policymakers face growing signs of a softening job market, even as the war in Iran puts more upward pressure on prices. "The implications of developments in the Middle East for the U.S. economy are uncertain."

The Federal Reserve left interest rates unchanged on Wednesday, maintaining its wait-and-see approach after a series of cuts in late 2025.. "The implications of developments in the Middle East for the U.S. economy are uncertain." Mr. Powell said consumer spending is resilient and business investment is expanding, while housing activity "remains weak.

While the staff at the Department of Insurance can’ t help you probate a person’ s will, we can help you locate a lost life insurance policy. You can find the Lost Life Insurance and Annuity Service on the Department of Insurance’ s web page at: ncdoi.gov. Last year, the tool helped North Carolinians obtain $65.9 million in claims from life insurance policies that had…

WASHINGTON- Jerome Powell, the chair of the Federal Reserve, is not going anywhere. Powell, who has faced withering pressure from President Donald Trump just months before his term as chair ends, said Wednesday that he would continue to lead the central bank until his replacement was confirmed by the Senate. Technically, Powell's term as chair ends May 15, but he can…

It’ s open enrollment season for Medicare Advantage, when people currently enrolled in private managed-care plans can either sign up for a new one or switch to original Medicare through March 31. “We really want people to factor that in,” said Kata Kertesz, managing policy attorney at the Center for Medicare Advocacy.“ If someone is in a Medicare Advantage plan for…

Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still expect to cut their key rate once in 2026. The central bank said in a statement that the“ implications of developments in the Middle East for the U.S. economy are uncertain.” Still, by keeping their forecast for a rate cut this…